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GCMAsia - AUDUSD
AUDUSD
AUDUSD
2018-10-22
Resistance and Support Level Explanation
Resistance 0.7130 H4
Support 0.7090 H4

AUDUSD, H4: AUDUSD was traded lower while currently testing at the strong support of 0.7090. MACD which begins to form a death cross signal suggests the pair to extend its losses after closing below the target of 0.7090.

 

Resistance level: 0.7130, 0.7150

Support level: 0.7090, 0.7045